321 busdriver
Well-known member
- Joined
- Jan 9, 2005
- Posts
- 101
Right on the money! And thank you.
FoxHunter said:For the UAL or USAIR pilot 3% per year for 5 years would be great. If lucky they will get 20% of their expected pension, big difference between $130,000 and the reality of $27,000. F/As and mechanics may retire with a highter PBGC pension because they are not forced to retire at age 60.
Where I work there is another upside to changing the age upward. If I'm age 55 with 15 years service and medical out I get disability until I turn 60 and retire with 20 years service or 40% of Avg of best five years. If 65 becomes the normal retirement age I would collect disability till age 65 then retire with 25 years service or 50% of my best five years.
Not sure where guys live to an average of 63 years. I just read about two guys I has flown with that just turned 90. We had a guy retire a few year ago at age 80, flew P47s in Europe during WW2.
Hell, I get F/Os that can't understand the radio, understand the airplane, know the difference between getting cleared to eight zero and eight thousand, know when to change from ground to tower, and the list goes on.
I think the old guys probably understand all the issues far better than you do.